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Hostile Gemfields takeover succeeds

Pallinghurst has taken over Gemfields with

Alex Hamer
Not palling around: Pallinghurst shareholders backed its takeover of Gemfields and its mines

Not palling around: Pallinghurst shareholders backed its takeover of Gemfields and its mines

Gemfields announced this week 37% of shareholders had backed Pallinghurst's move and encouraged the rest to take up the share swap that will give them 1.91 shares in the South African company per Gemfields...

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